Maco to start Indian rentals
24 April 2008
Amrish Ghodasara, business development manager for Maco's sister company Sunag Coporation, based in New Jersey, US, said the Indian market is in its infancy but offers significant potential. 'Quite a lot of Indian companies have a head for safety, so I never have a problem selling the concept. However, cost is an issue - that's why I'm looking at rental.”
Maco has been selling Genie platforms in India since late 2004, with some 30 units sold in the first year. Mr Ghodasara valued the Indian access equipment market at just US$1 - 1.5 million per year, with one of the main obstacles being India's 40% import tariffs.
The rental fleet will start with four boom lifts and a few small scissors. They will be rented with an operator - the normal practice in the Indian rental industry.
